VEM Technologies bags Rs 185 crore investment from InCred | Hyderabad News

Hyderabad: VEM Technologies Private Ltd, a Hyderabad-based aerospace and defence player, has secured a growth capital investment of Rs 185 crore from InCred Alternative Investments, marking a fresh private equity bet on India’s expanding indigenous defence manufacturing sector.The investment was made through InCred Growth Partners Fund-I and InCred Growth Partners Fund-II and consists of primary…

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South Central Railway sees over 18 train cancellations daily; passengers bear the brunt

HYDERABAD: South Central Railway (SCR) is witnessing a sharp rise in train cancellations, disrupting passenger services across the zone and leaving thousands of commuters stranded every day.Over the last four years, more than 46,000 trains, including express, mail, passenger, MMTS and DEMU services were cancelled across the SCR network. Though the overall number of cancellations…

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